All you have to do is link an eligible Visa, MasterCard or Amex debit or credit card (up to three in total). Who doesn’t love earning cash back just for spending and swiping? Stash lets you do just that and invest those funds, which means they could grow even larger with time. You can earn cash back through Stash, too. If you ever reach the final Legend level, please let us know. There are 12 levels in total, and the point scale ranges from 50 points to 15,000 points. Everyone starts on the Rookie level before moving up to JV status. There are more challenges in different categories, too, including Weekly Challenges, Getting Started, Smart Investing, The Long Run and Hot Streaks.Īs you earn points, you also move up levels within the app. All we had to do to earn those points was get a free life insurance quote through Stash’s partner Ladder. Stock Market.Īnother challenge that we saw in the app was the “Eternal Guardian” challenge. A few challenges include “Year in Review,” where you just need to read the yearly round-up report by a certain day and time, or “Market Magic,” where you buy stock in a foundation investment that tracks the S&P 500 so that you can have a more balanced investment across the entire U.S. These will be listed below the “Coach Score” card on the “Home” tab. Once you’re ready to up your investment game, you can choose from different challenges. Just scroll over to the right of the “Invest Portfolio” card. You’ll see your score on the “Home” tab in the app. You can also earn points when you start investing money and link your bank account. For example, by signing up and filling in your profile, you earn points. You start out with a score of points based on your Stash activity. It’s an automated system of challenges that help you learn more and more about investing money. Stash challenges you to grow.Įvery Stash investor receives a Stash Coach. You can also choose from things you like, including technology and social media, as well as companies you admire like Facebook, Chipotle, Hershey, McDonald’s and more. The other tabs offer the same sort of experiences, such aligning investments with things you want in life, such as gold or real estate. That means that each of them has a socially conscious mindset to them, so you can feel confident that you’re investing in something that you truly believe in too, such as clean energy or global healthcare. On the “I Believe” tab, you’ll see a variety of impact investments. These include “I Believe,” “I Want,” “I Like” and “Companies.” Each of these categories offers you different ways to invest. On the “Invest” tab you’ll see different sub-categories to explore. Next, you select the type of investments you’re interested in. You start with just $5 and can automate your recurring contribution so that you end up investing more and more money over time. Of course, every time you invest money you’re taking a risk, but when it comes to money, that risk could really pay off in the future. If you believe you can’t get started with Stash, think again. After answering a few questions, Stash will set you up with a personalized portfolio experience tailored to your current financial situation and future financial goals.Īccording to Stash, 84 percent of its users are first-time investors.Between educational information, coaching and its automatic features, Stash helps users learn about investment opportunities that are right for them so that they’re always in control of where their money goes.Just connect a debit card or bank account and you’re good to go. Once you fill in all of your personal information, you can start investing with as little as $5 per week.You don’t pay a dime until you start investing your money, but it’s just $1 per month, or 0.25 percent of your investments over $5,000 per year.It’s free to download for both iOS and Android users.Before you download Stash, know the basics. With so many apps on the market these days, we decided to test it out ourselves with our own personal money - here’s what we found. With just a few bucks a month, plus a whole lot of information in the app, you can start investing money and potentially growing your wealth with Stash. This investing app makes it super easy to buy stock in companies, as well as invest in a diversified portfolio. Before you start thinking that it’s too complicated, try Stash. If you’re really aiming to grow your dough so you can live the life you always dreamed of later on, you should consider investing some money. Saving money every month is great, but it might not be enough.
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